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Philly Fed Mfg Index: Activity Down in November, But Still Growing

Summary:
[unable to retrieve full-text content] The latest Manufacturing Index came in at 26.3, down 6 from last month's 32.3. The 3-month moving average came in at 24.5, up from 21.5 last month. Since this is a diffusion index, negative readings indicate contraction, positive ones indicate expansion. The Six-Month Outlook came in at 44.3, down 18.4 from the previous month's 62.7.

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The latest Manufacturing Index came in at 26.3, down 6 from last month's 32.3. The 3-month moving average came in at 24.5, up from 21.5 last month. Since this is a diffusion index, negative readings indicate contraction, positive ones indicate expansion. The Six-Month Outlook came in at 44.3, down 18.4 from the previous month's 62.7.

Doug Short
My original dshort.com website was launched in February 2005 using a domain name based on my real name, Doug Short. I'm a first wave boomer with a Ph.D. in English from Duke and a lifelong interest in economics and finance. In 2011 my website was acquired by Advisor Perspectives.

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